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Oil-driven stress and EUR/HUF focus – ING
ING’s Frantisek Taborsky argues that Central and Eastern European markets remain highly exposed to the US–Iran conflict and rising Oil prices. While local data from Hungary, Turkey…
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Modest February rebound expected labour market – NBC
National Bank of Canada (NBC) economists Alexandra Ducharme and Jocelyn Paquet expect Canada’s February Labour Force Survey to show a 10K employment gain after January’s decline,…
G7 ‘stands ready’ to release emergency oil reserves
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GBP/USD slips as Oil surge, Iran conflict boost US Dollar
The British Pound losses some ground versus the US Dollar on Monday as risk aversion keeps the Greenback bid, sponsored by the escalation of the Iran conflict. This triggered a…
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Gold remains vulnerable as markets dial back Fed rate cut bets on Oil surge
Gold (XAU/USD) is consolidating losses on Monday after coming under heavy selling pressure at the start of the week, even as the US Dollar (USD) and Treasury yields ease somewhat…
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Haven role restored with Iran tensions – TD Securities
TD Securities analysts argue that ongoing Iran‑related tensions and an Oil price spike are restoring the US Dollar’s safe‑haven behavior. With the US economy relatively closed and…